Several Gulf states have introduced renewable energy certificates into their low-carbon energy eco-system. What are RECs and how can they help companies navigate the energy transition?
Turkey’s new economic team may take a more hawkish tone when it comes to tackling inflation and preserving financial stability through fiscal and monetary measures. However, investors and policymakers should not be naïve, as this approach will only be temporary or partial, aimed at winning the upcoming local elections.
The prevailing political spirit in the Gulf region is presently one of de-escalation. In the case of the UAE and Iran, a number of existing connections could help hasten the process of de-escalation and enable it to happen faster than anywhere else in the region.The outcome should be of interest not only to the UAE and Iran but also to the U.S. given the latter’s long-standing efforts to shape Iranian policies.
While calls for the immediate return of Syrian refugees have increased at the regional and international levels, it is imperative to closely examine the direct link between the regime’s policy of property confiscation and the possibility of refugee returns. Property confiscation does not only impact the direct owners and their immediate families’ livelihoods but also hinders the ability of thousands of displaced Syrians to return while leading those who still reside under regime rule to consider migration.
Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.
Russia’s full-scale invasion of Ukraine has destabilized and distressed the entire Black Sea neighborhood. Yet despite the war, or perhaps because of it, strategically important foreign direct investments into Black Sea littoral countries, including from the Gulf, have endured or even grown.
To analyze the crossroads Turkey faces in the 2023 elections, it could prove useful to “look back from the alternative futures” and explore how the possible outcomes might play out. What could it look like if we look back from 2030 to another victory by Erdoğan? And how might have the last seven years played out had the opposition won?
في السنوات القليلة الماضية، أصبح الدين العام الأردني مصدر قلق سياسي كبير للحكومة والمجتمع الدولي والمانحين الرئيسيين الذين يدعمون عمّان. فقد ارتفع الدين العام بشكل كبير خلال السنوات الخمس عشرة الماضية، مما أثار العديد من التساؤلات حول مستقبل الاستقرار الاقتصادي الكلي في الأردن، وقدرة الحكومة على تمويل مشاريع التنمية.
The blue economy can offer huge potential in climate change mitigation and resilience, given the fact that marine habitats, such as mangroves, tidal marshes, and seagrass meadows, provide significant protection from erratic climate events. MENA countries would benefit from developing the blue economy to aid in reversing natural resource degradation, sustaining inclusive economic development, and building resilience to climate change.
Until recently, the EU has favored a piecemeal approach toward the Northwestern Indian Ocean, the Gulf, and the Red Sea, despite their close interdependence and inter-connectedness in the security, political, and economic realms. But the EU is now signaling a growing desire to steer its naval policy toward a more holistic and organic process, creating an opportunity for Brussels to become a more relevant security actor in the waters off the Arabian Peninsula.
As Turkey heads to the polls for presidential and parliamentary elections this month, the consequences for its troubled economy are likely to be significant and wide-ranging. Financial stability, business confidence, purchasing power, and asset prices all depend on whether President Recep Tayyip Erdoğan’s two-decade-long rule will continue; at the same time these factors will also determine his chances for re-election. There are a number of potential election outcomes that could lead to greater uncertainty and volatility rather than clarity and stability.
Lebanon is on the verge of complete collapse, and if Washington is serious about preventing not just another failed state but a growing normalization of unchecked authoritarianism in the Middle East, it must stop outsourcing leadership on Lebanon to France.
تركزت جميع النزاعات التاريخية والحديثة في الشرق الأوسط حول الاعتبارات الإقليمية الكلاسيكية المتعلقة بفقدان الأراضي أو استعادتها. وللخروج من هذه الدوامة، كان من الضروري الابتعاد عن أحد الأسباب الجذرية الرئيسية للنزاع: الجغرافيا. وقد تكون التغيرات الحالية في المنطقة، التي تتميز بتوجه كبير نحو تخفيف حدة التوتر واستعداد متزايد للانفصال بشكل دوري عن الحلفاء التقليديين، مؤشرات على حدوث تحول جذري عميق نحو "السياسة الكمومية".
أثار تصريح الرئيس قيس سعيد خلال خطاب ألقاه في 6 أبريل/نيسان، والذي ادعى فيه رفضه للشروط، أو "الإنفاذ"، كما أسماها، المرتبطة بقرض محتمل من صندوق النقد الدولي، جدلاً واسعاً. ويبدو أن ردود الفعل على الخطاب وكذلك الإجراءات التي اتخذها المسؤولون التونسيون قبله وبعده تتعارض مع مقصده، مما تسبب في إرباك حول ما إذا كانت الصفقة لا تزال قائمة. وفي الوقت نفسه، اعتبر آخرون الخطاب علامة على أن تونس تدرس بجدية إمكانية وجود بدائل لتمويل صندوق النقد الدولي أو حتى إعادة توجيه جيوسياسي.
Over the coming decades, the worsening effects of climate change will increasingly displace many millions of vulnerable people in the Middle East and North Africa, and many of these refugees will attempt to relocate to the Global North. To avert such a monumental looming problem requires pragmatic solutions and their swift implementation.